Eight years ago you took out a $400,000 20-year mortgage with an annual interest rate of 11 percent and monthly payments of $4,128.75. What is the outstanding balance on your current loan if you just make the 96th payment?

If you just make the 96th payment, the outstanding balance on your current loan is $___ (Round to the nearest cent.)

payments of $4,128.75. What is the outbtanding balance on your cirrent loan if you just make the 96 th payment? If you jost make the 90th payment, the outstanding balance on your current loan is $ (found to the nearest cont)